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When it comes to buying and selling real estate owned (REO) properties, Huntsville, Ala., leads the nation for flipping this particular property, according to data from the online real estate marketing platform Hubzu

The Metro With the Highest REO House Flipping Is …

When it comes to buying and selling real estate owned (REO) properties, Huntsville, Ala., leads the...Read more
Mortgage Capital Trading Inc. (MCT) has officially launched Trade Auction Manager (TAM)

MCT to Unveil its MSRlive! Cloud-Based Platform

Mortgage Capital Trading Inc. (MCT) has announced the upcoming launch of MSRlive!, a Web-based...Read more
After recent borrower outreach events in Bridgeport, Conn.; North Las Vegas; Orange, N.J.; Philadelphia and the New York metropolitan area, Ocwen is continuing its work across the country to help distressed homeowners better afford their homes

Ocwen Continues to Help Struggling Homeowners Nationwide

After recent borrower outreach events in Bridgeport, Conn.; North Las Vegas; Orange, N.J.;...Read more

United Northern Achieves Elite Freddie Mac Approved Seller/Services Status

United Northern Mortgage Bankers Limited has announced that it has achieved the Elite designation...Read more
NAMB+ Inc., the for-profit marketing and communications subsidiary of the National Association of Mortgage Brokers (NAMB), has announced that AmeriAgency, a national insurance agency, has signed on as its latest NAMB+ Endorsed Provider

NAMB+ Adds CIC Credit as Its Newest Endorsed Provider

NAMB+ Inc. , the for-profit marketing and communications subsidiary of NAMB , has announced that...Read more
A total of 177,146 properties carried foreclosure filings in the third quarter, down six percent from the previous quarter and down eight percent from a year ago to the lowest level since the fourth quarter of 2005

Foreclosure Activity at 13-Year Low

A total of 177,146 properties carried foreclosure filings in the third quarter, down six percent...Read more
A total of 4.1 percent of mortgages were in some stage of delinquency in July, down 0.6 percent from one year earlier, according to new data from CoreLogic

Foreclosure Rate at 12-Year Low

A total of 4.1 percent of mortgages were in some stage of delinquency in July, down 0.6 percent...Read more
The Royal Bank of Scotland Group (RBS) has agreed to a $4.9 billion settlement with the Department of Justice related to the company’s issuance and underwriting of residential mortgage-backed securities (RMBS) between 2005 and 2007

aboutMYmortgage.com Partners With Hope LoanPort on Loan Mod Solutions

aboutMYmortgage.com (AMM) has announced a new partnership with Hope LoanPort (HLP) to assist...Read more
Cincinnati-based American Mortgage Service Co. and New Orleans-headquartered Eustis Mortgage have announced a plan to merge their operations

Ocwen Acquisition of PHH to Close on Thursday

Ocwen Financial Corp. has announced that it will close its $360 million acquisition of PHH Corp. on...Read more
TMS has announced that it recently acquired its first eNote

TMS Closes Two MSR Transactions

TMS has announced it has successfully completed two major mortgage-servicing right (MSR)...Read more

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